Showing 1 - 10 of 63
We use a choice experiment to examine public support for minimum wages. We first elicit respondents' moral assessment of two labor market systems: one with a minimum wage and one without. Then, we present four pairs of hypothetical employment outcomes and ask respondents to "vote." Our estimates...
Persistent link: https://www.econbiz.de/10012898037
This paper investigates the viability of Pay-What-You-Want (PWYW) pricing when firms compete without restrictions of a minimum payment requirement. We show that the equilibrium outcomes are different when underpayers, consumers paying less than marginal cost, are present as opposed to when they...
Persistent link: https://www.econbiz.de/10012900783
Using a game theoretic framework, we show that not only can pay-what-you-want pricing generate positive profits, but it can also be more profitable than charging a fixed price to all consumers. Further, whenever it is more profitable, it is also Pareto-improving. We derive conditions in terms of...
Persistent link: https://www.econbiz.de/10013033687
Autism is a developmental disorder characterized by impairments in social interaction, communication, and restricted or repetitive behaviors. This previously rare condition has dramatically increased in prevalence from 0.5 in 1000 children during the 1970s to 11.3 in 1000 children in 2008. Using...
Persistent link: https://www.econbiz.de/10013103521
In this paper, I present an empirical model of learning under ambiguity in the context of clinical trials. Patients are concern with learning the treatment effect of the experimental drug, but face the ambiguity of random group assignment. A two dimensional Bayesian model of learning is proposed...
Persistent link: https://www.econbiz.de/10014048207
We use a survey-based experiment to examine public support for minimum wages. We first elicit respondents' moral assessment of two labor market systems: one with a minimum wage and one without. We find that gender and political affiliation are the strongest predictors of moral assessments, where...
Persistent link: https://www.econbiz.de/10013211242
This paper examines the influence of local alcohol prohibition on the prevalence of methamphetamine labs. Using multiple sources of data for counties in Kentucky, we compare various measures of meth manufacturing in wet, moist, and dry counties. Our preferred estimates address the endogeneity of...
Persistent link: https://www.econbiz.de/10014133632
This paper considers the effect of mental health insurance mandates on the supply of cadaveric donors. The mandate decreases the count of organ donors from suicides, specifically among females, causing the overall level of cadaveric donors to decrease by 0.69%
Persistent link: https://www.econbiz.de/10014167546
Limited by the lack of data on gun ownership in the United States, ecological research linking firearms ownership rates to homicide often relies on proxy measures of ownership. Although the variable of interest is the gun ownership rate, not the proxy, the existing research does not formally...
Persistent link: https://www.econbiz.de/10012823014
Despite dozens of studies, research on crime in the United States has struggled to reach consensus about the impact of right-to-carry (RTC) gun laws. Empirical results are highly sensitive to seemingly minor variations in the data and model. How then should research proceed? We think that policy...
Persistent link: https://www.econbiz.de/10013012384